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Results 1 - 10 of 6305 for dutch bank ING

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  1. Business - Banking & Finance - DISPOSALS

    Dutch insurer ING offloads its South Korean unit to MBK Partners

    Posted Aug 26th 2013, 02:54pm by Reuters, Bloomberg

    ... Reuters in Seoul The Dutch insurer edges closer to its goal of divesting its Asian operations by the end of the year with only its Japanese unit left to sell ING offloads Korean unit to MBK Partners Dutch insurer ING edged closer to completing its year-and-a-half-old Asian divestment plan after private equity firm MBK Partners agreed to buy its South Korean insurance unit ...

  2. Business - Banking & Finance - STRATEGY

    ING counts on vast network to fuel its growth in China

    Posted Oct 21st 2013, 03:56am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Dutch firm's regional operation acts as a platform connecting outbound and inbound investment activities by leveraging its European contacts ING banks on vast network to fuel mainland growth ING Bank is pinning its hopes for growth in China on companies looking to go overseas and says operating profits in the region could grow by 10 to 15 per ...

  3. Business - Banking & Finance

    Dutch oath tries to restore confidence in banks

    Posted Feb 07th 2014, 05:17am by Bloomberg

    ... to preserve and enhance confidence in the financial services industry. So help me God." The oath, the first of its kind in Europe, became binding on board members of Dutch banks last month as the government sought to rein in an industry with assets more than four times the size of the country's economy. All 90,000 Dutch bank employees will have to take the pledge, or a non-religious ...

  4. Business - Companies - FINANCIAL SERVICES

    ING speeds uprevamp after deal with EU

    Posted Nov 07th 2013, 03:09am by BLOOM

    ... Bloomberg in Amsterdam Regulators allow Dutch firm to combine Japan insurance unit with its European operations ING speeds uprevamp after deal with EU ING, the biggest Dutch financial ... the state as fast as possible whilst maintaining prudent capital ratios." ING got a €10 billion capital injection from the Dutch government in 2008 and transferred the risk on €21.6 billion ...

  5. Business - Banking & Finance - ASSET SALE

    Richard Li close to a deal on ING's insurance units

    Posted Oct 19th 2012, 12:00am by Bloomberg

    ... Bloomberg The Dutch bank will part with its Hong Kong and Thai business for as much as US$2.2b Richard Li close to a deal on ING's insurance units ING Group, under European Union ... bring ING a step closer to fulfilling conditions stemming from its government bailouts in 2008 and the year after. Earlier this month, the Dutch bank agreed to sell its Malaysian insurance ...

  6. Business - Banking & Finance - ACQUISITIONS

    DBS buys private banking business of Societe Generale in Singapore and Hong Kong

    Posted Mar 17th 2014, 03:53pm by KANIS LI

    ... of the wealth being created in China and in northern Asia. As part of the trend, Dutch ING Group sold its private bank to Singapore's Oversea-Chinese Banking Corp for US$1.64 billion in 2009, ... Kanis Li kanis.li@scmp.com Purchase of Societe Generale businesses part of a trend to capture new wealth on the mainland DBS snaps up private banking assets DBS, Southeast Asia's ...

  7. Business - Banking & Finance

    ING Group sells Hong Kong, Macau, Thai insurance units to Richard Li

    Posted Oct 19th 2012, 01:41pm by Lulu Chen and Bloomberg

    ... (HK$16.59 billion), as the Dutch banking group scrambles to meet improve liquidity and capital adequacy ratios. The deal, estimated at nine times estimated book value, is expected to bring ING ... 270,000 customers. In Thailand, ING has about 480 employees and more than 4,000 tied agents. Earlier this month, the Dutch bank agreed to sell its Malaysian insurance business to Hong Kong-based ...

  8. Business - China Business

    Business Digest, November 8, 2012

    Posted Nov 08th 2012, 12:00am by STAFF, AGENCIES

    ... on speculation the firm would benefit from the new measures supporting clean-energy vehicles in China. BYD shares finished up 10.63 per cent at HK$19.36. Jeanny Yu   ING, Commerzbank set to cut jobs ING, the biggest Dutch financial-services company, will cut 2,350 jobs in its banking and insurance units after a 64 per cent slump in third-quarter profit. Net income dropped to €609 million (HK$6 ...

  9. Business - Banking & Finance

    AIA, Manulife lead the charge for ING's Southeast Asian assets: sources

    Posted Aug 29th 2012, 02:06pm

    ... Denny Thomas INSURANCE ING is exploring a separate sale of its roughly US$1 billion Hong Kong insurance business, sources said, a move that could further complicate the auction of its Asian operations. The Dutch insurer is selling its Asia divisions to repay a 2008 government bailout. It failed to secure a single buyer for the entire Asian group, valued at about US$7 billion. ...

  10. Business - Companies - ACQUISITIONS

    Richard Li pays US$2.1b for ING's insurance assets

    Posted Oct 20th 2012, 12:00am by Lulu Chen, Ray Chan

    ... In Thailand, the company has about 480 employees and more than 4,000 agents. Earlier this month, the Dutch banking group agreed to sell its Malaysian insurance business to Hong Kong-based insurer AIA ... Lulu Chen and Ray Chan Deal to provide platform for investment push into mainland and Southeast Asian markets Richard Li pays US$2b for ING's insurance assets Richard Li Tzar-kai ...




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